Shield AI closes $2B strategic financing package at $12.7B valuation
Shield AI closed a $2 billion strategic financing package comprising $1.5 billion of Series G funding and $500 million of preferred equity financing at a $12.7 billion post-money valuation.
Evidence notes
- The Series G was led by Advent International and co-led by JPMorganChase's Strategic Investment Group.
- Blackstone-managed funds provided the separate $500 million preferred equity component.
- The financing closed before Shield AI completed its acquisition of Aechelon Technology and added high-fidelity simulation and sensor-modelling technology to its autonomy platform.
Company context
Shield AI builds autonomy software and unmanned aircraft systems for defence and allied operations. Its stack includes the Hivemind autonomy platform and aircraft such as V-BAT and X-BAT. The company focuses on autonomous mission execution in contested and degraded environments.